Services
Insurance
Loans
Repairs
Advice
About

How can I lease a new car with bad credit?

I don’t have a great credit history, but my old junker car finally died on me and I need something reliable to get around. How can I lease a new car with bad credit?

avatar
Chloe Jenkins · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Many car dealerships and leasing companies use credit as the main factor to determine whether or not they will lease a vehicle to you. With poor credit, you can lease a vehicle, but you will likely run into disproportionately higher
lease payments
than someone with good credit would be required to make each month.
To lease a car with bad credit, you will need to:
  • Pick out a few cars you would like to lease.
  • Decide how much of a down payment you can afford to make. The bigger your down payment, the smaller your monthly bill will be.
  • Look for leasing deals online and choose a few preferred dealerships.
  • Talk with dealerships about your credit score and see which will be willing to work with you.
  • Compare your lease options.
  • Choose your lease and finalize it.
When leasing a car, your lessor will likely have certain requirements surrounding your
car insurance
coverage. They may require that you carry full coverage, which can be pretty pricey without the help of the
Jerry
app.
If you’d rather leave the hard work of gathering quotes to someone else, use Jerry. The Jerry app collects quotes from 50+ top insurance companies, like Nationwide, Allstate, Safeco, Progressive, and Travelers, in seconds! They can even help cancel your old policy once you’ve made your pick!
View full answer 
WHY YOU CAN TRUST JERRY
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

Join 4M+ members in lowering their car insurance

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings